“Consumer demand for Apple’s latest iPhone 6 and iPhone 6 Plus continues to outstrip supply heading into the end of the December quarter, according to the latest research from store polls conducted by Piper Jaffray,” Neil Hughes reports for AppleInsider.
“The investment firm issued a note on Monday, a copy of which was provided to AppleInsider, that shows availability of the newest iPhone models continues to improve, but has not yet caught up with demand,” Hughes reports. “Analyst Gene Munster said that his surveys found 56 percent of core configurations were in stock as of last Friday, Dec. 12.”
“The inventory situation for the iPhone 6 and iPhone 6 Plus is tighter than last year, when the iPhone 5s and iPhone 5c were Apple’s latest models. It’s believed that Apple is seeing particularly high demand for its newly redesigned iPhone models with larger displays,” Hughes reports. “Munster believes Apple likely knew its supply limits when the company issued guidance for the December quarter. As a result, he doesn’t think there is a risk to its numbers for the three-month frame, though he did say the supply constraints could limit upside potential.”
Read more in the full article here.